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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: TechTrader42 who wrote (35573)5/7/2002 12:25:15 PM
From: Monty Lenard  Read Replies (1) | Respond to of 52237
 
Brooke, that is more a shooting star only because by definition inverted hammers occur after downtrends. I do notice it is above the upper band here also.

Now from a fundamental standpoint MCD is having its problems.

But heck, if the market wants to go up it will go up...totally out of my control.

Monty



To: TechTrader42 who wrote (35573)5/7/2002 12:38:36 PM
From: Monty Lenard  Respond to of 52237
 
Brooke, look at the 60 min on mcd and look at the gap on the daily formed 4/18.

Monty



To: TechTrader42 who wrote (35573)5/7/2002 4:13:28 PM
From: Monty Lenard  Read Replies (1) | Respond to of 52237
 
Well the breakout fizzled today. That shooting star shot some breakout buyers in the foot. Now unless you were using the 20/20 Hindsight system like a few I know you don't buy one TRYING to breakout. But then maybe it will breakout tomorrow. :-)

Monty